Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Neary:

That information would have been submitted to the banking supervision department every quarter. So, yes, that information would be available and would be circulated within the organisation but the point I was making earlier was that, from the point of view of the authority, all of those loans would have been in compliance with the large exposure directed, the legal requirements set out in that directive, so they were in compliance with the law------

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